United Airlines shares outstanding UAL
Diluted shares outstanding, averaged over each quarter, from 2010.
- Latest quarter, to Jun 30, 2026
- 326.6M
- On a year earlier
- −0.2%
- fewer shares
United Airlines had 326.6M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is about the same as a year earlier.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 327M | −2% |
| FY2024 | 332.9M | +0% |
| FY2023 | 332.2M | +0% |
| FY2022 | 330.7M | +2% |
| FY2021 | 323.7M | +9% |
| FY2020 | 297M | +17% |
| FY2019 | 253.7M | −7% |
| FY2018 | 272.8M | −6% |
| FY2017 | 291.7M | −8% |
| FY2016 | 315.7M | −14% |
| FY2015 | 368M | −2% |
| FY2014 | 375M | −4% |
| FY2013 | 390M | +18% |
| FY2012 | 331M | +1% |
| FY2011 | 329M | +2% |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 326.6M | −0% | |
| Q1 FY26 | 326.8M | −2% | |
| Q4 FY25 | 327M | −2% | |
| Q3 FY25 | 326.9M | −2% | |
| Q2 FY25 | 327.2M | −2% | |
| Q1 FY25 | 333M | +1% | |
| Q4 FY24 | 332.9M | +0% | |
| Q3 FY24 | 332.7M | +0% | |
| Q2 FY24 | 333.9M | +1% | |
| Q1 FY24 | 328.3M | +0% | |
| Q4 FY23 | 332.2M | +0% | |
| Q3 FY23 | 332.4M | +1% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on United Airlines
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.